Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZegona Com Share News (ZEG)

Share Price Information for Zegona Com (ZEG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 256.00
Bid: 256.00
Ask: 268.00
Change: -4.00 (-1.54%)
Spread: 12.00 (4.688%)
Open: 264.00
High: 264.00
Low: 256.00
Prev. Close: 260.00
ZEG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Zegona posts ongoing growth at Telecable subsidiary

Wed, 22nd Jun 2016 10:38

(ShareCast News) - Zegona Communications posted quarterly results for its primary investment on Wednesday, the northern Spanish cable network operator Telecable, with solid growth in both revenue and earnings.The AIM-traded firm said revenue grew 5.7% to €34.9m in the three months ending 31 March, which was the highest first quarter year-on-year growth in six years.EBITDA rose 3.7% during the period to €16.6m, and cash flow grew 11.1% to €8.8m.Zegona's board said Telecable remained on track to deliver its full-year growth guidance, underpinned by a consumer price increase of €2 per month in January for its enhanced product offers.It added that its business segment results were also being driven by growth in both customer numbers and ARPU, with the business on its way to full-year mid-single digit revenue growth and double digit cash flow growth."Telecable has a clear strategy that is delivering results and its first quarter performance reflects our focus on fundamentally improving cash flows," said Zegona chairman and CEO Eamonn O'Hare.He said the company was encouraged by the continuing growth in the business, underpinned by the consumer price rise and progress in growing the mobile and business divisions."This performance, together with further evidence of price repair in the Spanish telecoms market and the improving economic environment, gives us confidence that Telecable will continue to deliver strong growth across its key financial metrics in 2016," O'Hare added.Zegona affirmed its 4.5p per share dividend policy for 2016, and indicated there was the potential for incremental capital return through share buybacks or special distributions as well.
More News
14 Jan 2019 17:40

UPDATE: Zegona Communications Raises Over GBP100 Million In Placing (ALLISS)

LONDON (Alliance News) - Zegona Communications PLC confirmed Monday it has raised GBP100.5 million in a share placing worth 76% of its share capital.Zegona placed 95.7 million shares at 105

Read more
14 Jan 2019 12:28

Zegona Communications Plans Placing To Fund Euskaltel Share Buy (ALLISS)

LONDON (Alliance News) - Zegona Communications PLC said Monday it intends to raise GBP100 million following "good support" from existing and new investors.Zegona plans to the 95.2

Read more
19 Oct 2018 12:22

Zegona Communications Seeks To Double Stake In Spain's Euskaltel (ALLISS)

LONDON (Alliance News) - Telecoms investor Zegona Communications PLC said on Friday it will make a partial tender offer in cash to acquire up to 14.9% of the shares in Spanish telecommunications a

Read more
19 Oct 2018 09:59

Zegona eyes increased stake in Spanish telco Euskaltel

(Sharecast News) - AIM-listed telecommunications and media investor Zegona Communications intend to make a partial tender offer in cash to acquire as much as 14.9% of the outstanding shares in Spanish quadplay provider Euskaltel.

Read more
28 Sep 2018 17:08

Zegona Communications Swings To Interim Profit On Investment Gains

LONDON (Alliance News) - Zegona Communications PLC on Friday reported a swing to profit on increased income due to a gain in fair value on its investments.In the six months ended June, to a

Read more
29 Mar 2018 13:49

Zegona Communications Posts Annual Profit Following Telecable Sale

LONDON (Alliance News) - Zegona Communications PLC on Thursday posted a profit for 2017 following the sale of the Telecable business, and said it has been by the value in fall

Read more
16 Feb 2017 12:18

Zegona declares second dividend for 2016

(ShareCast News) - European telecommunications, media and technology sector investor Zegona declared a second interim dividend for the full year to 31 December on Thursday. The London-listed company had approved a policy to pay a dividend of 4.5p per ordinary share for the full year period to 31 Dec

Read more
21 Nov 2016 10:12

Zegona Expects Annual Revenue Growth, Evaluating Possible Investments

Read more
7 Nov 2016 08:43

Zegona replaces Vodafone Spain with Telefonica

(ShareCast News) - Telecommunications, media and technology investing company Zegona announced on Monday that its operating business, Telecable, had entered into a new mobile access agreement with Telefonica in Spain which will replace the current arrangement with Vodafone. The London-listed firm sa

Read more
7 Nov 2016 07:57

Zegona's Telecable Signs Mobile Access Deal With Telefonica

Read more
18 Oct 2016 08:23

BROKER RATINGS SUMMARY: Merrill Lynch Downgrades Burberry To Neutral

Read more
8 Sep 2016 11:07

DIRECTOR DEALINGS: Zegona Communications CEO Buys 100,000 Shares

Read more
7 Sep 2016 12:34

Telecable boosts Zegona's first half

(ShareCast News) - Zegona Communications posted its interim report for the six months to 30 June on Wednesday, with revenue at its primary operation - the recent Telecable acquisition - up 4.4% to €69.2m, on total group revenue of €70.5m. It was the first full year of ownership of the northern Spain

Read more
7 Sep 2016 09:45

Zegona Says Telecable Performing Well; On Look Out For More Deals

Read more
5 Aug 2016 09:31

DIRECTOR DEALINGS: Zegona Finance Chief Kalika Buys More Shares

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.